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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Post by Daredevil1964on Aug 14, 2020 4:09pm
301 Views
Post# 31410495

Based on the daily chart we are at least 4 to 5 trading

Based on the daily chart we are at least 4 to 5 trading sessions away from a MACD crossover, maybe then we will see some SP movement upwards. All the US MJ plays are stealing the thunder. We should see an oversold bounce as well. ACB really got an oversold bounce, that is all it is to their price action. Aphria is on a holding pattern basically until news or next ER. That upgrade we got before earnings seems to have not enticed a rebound back to the analyist's price. This being summer's end coming, unless there is news, Aphria will continue to hang in the 4.50 USD area.
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